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ASX market outage lasts all day

ELIZABETH MCARTHUR, KANIKA SOOD  |  MONDAY, 16 NOV 2020
... disappointed with today's outage, we are determined to continue our program of contemporising ASX's technology stack from top to bottom. This initiative is critical to ASX building an exchange for the future and ensuring we best serve the needs of our ...

Mercer launches climate-transition tool

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... sources is the capacity to align to a 1.5C global warming target as outlined in the Paris Agreement. "It's best to combine a top-down, total-portfolio view with forward-looking bottom up portfolio analytics such as sector and company exposures. This ...

ESG push not going anywhere

ELIZA BAVIN  |  FRIDAY, 13 NOV 2020
... number of reasons that diversity at alternative fund managers is critical, but investor behavior and expectations are near the top of the list," Shadforth said. "Now is the time for alternative fund managers to step up and critically examine how they ...

Chief economist update: We're not there yet

BENJAMIN ONG  |  FRIDAY, 13 NOV 2020
"Curb your enthusiasm" was the overriding message from the world's top three central bankers at the annual ECB Forum on Central Banking 2020, held online on November 11-12. The head honchos of the US Federal Reserve, European Central Bank and the ...

Asset managers want action on modern-day slavery

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
Asset management heavyweights are urging the nation's top 100 companies to take modern-day slavery and labour exploitation seriously by lifting the hood on their supply chains. The Investors Against Slavery and Trafficking (IAST) APAC, a newly-formed ...

Chief economist update: Oil could slip on fresh lockdowns

BENJAMIN ONG  |  THURSDAY, 12 NOV 2020
News that a COVID-19 vaccine is nigh has injected optimism in the world economies, financial markets and commodity markets, including oil. Oil prices jumped to two-month highs - WTI oil to US$41.36 per barrel; Brent oil to US$43.61 - following reports ...

NAB Asset Servicing signs up to Charles River

KANIKA SOOD  |  WEDNESDAY, 11 NOV 2020
... June 2016, NAS was the largest custodian in Australia, when it was overtaken by J.P Morgan which has since remained in the top spot. NAS is now the fourth-largest custodian with a 14% market share from its $530 billion in total assets under custody for ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... volatility that is Trump would be no more. Since then, Victoria has eased restrictions and borders have started to re-open. On top of these all, the prospect that soon, the coronavirus pandemic too, shall pass following encouraging test results for a ...

Super funds overlook digital engagement

KARREN VERGARA  |  TUESDAY, 10 NOV 2020
Superannuation funds are missing an opportunity to engage with younger members, who are increasingly becoming dissatisfied with their providers, via digital engagement. The inaugural Superannuation Stealth Survey conducted by SS&C Technologies Holdings ...

Pension funds told to practice what they preach

JAMIE WILLIAMSON  |  TUESDAY, 10 NOV 2020
... year it is just 2.1. However, this isn't necessarily a bad thing, according to Laskewitz. "Benchmarks create a race to the top by providing comparative insight and identifying front runners, stimulating sector-wide learning and the sharing of good practices," ...